Citing source familiar with talks, Reuters recently reported that the U.S. Treasury Secretary Mnuchin, Trade Representative Lighthizer and Chinese Vice Premier Liu were set to meet to discuss the U.S.-China trade war in Osaka.
Yesterday, White House adviser Kudlow noted that there were no preconditions in trade talks with China while Reuters reported that a Trump administration source said that it was unlikely for the U.S. to lift the restrictions on Huawei as a part of a trade deal.
Despite the uncertainty surrounding the trade talks, the S&P 500 Futures is posting modest gains on the day to suggest that Wall Street is likely to start the day in the positive territory.
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